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India's office leasing market achieved a record performance in the first nine months of 2025, with the absorption hitting 59.6 million square feet, a report said on Monday. Technology companies held the highest share in office leasing between January and September, said the report from real estate consultancy CBRE South Asia Pvt. Ltd. "As occupiers seek future-ready spaces, sustained preference for flight-to-quality assets continues to anchor this momentum. The sustained leasing in premium ass ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Fashion and apparel brands accounted for nearly 60 per cent of retail leasing by direct-to-consumer (D2C) brands in the first half of this year (H1 2025), a report said on Wednesday. It was followed by the Homeware and Furnishings (12 per cent), Jewellery (12 per cent) and Health and Personal Care (6 per cent). Between 2020 and 2022, several digital-first brands witnessed considerable growth, mainly fuelled by a rise in online shopping during the COVID-19 pand ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
Bengaluru: Tata Consultancy Services (TCS) has leased 1.4 million sq ft at 360 Business Park in suburban Bengaluru's Electronic City, in one of the largest office lease transactions this year. The information technology (IT) giant has taken space in two under-construction office towers on a 15-year lease. TCS will pay a ₹112 crore deposit and a monthly rent of ₹9.31 crore. With a 12% rental escalation every three years, the company will pay over ₹2,000 crore in rent over the entire tenure, as p ...Read More >
Vishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shift challenges Indian IT giants, facing talent and business losses. While offering GCC-as-a-service, they navigate AI challenges and potential tariff risks under a possible Trump administration, impacting both IT firms and GCCs. Some Bengaluru-based doyens may disagree, but as recent events would suggest, Vishal Sikka was probably the most prescient of recent ...Read More >
WeWork India gets the green light from SEBI for its initial public offering. The IPO involves an offer for sale of over 43 million equity shares. Embassy Buildcon LLP and 1 Ariel Way Tenant Limited are the selling shareholders. JM Financial and ICICI Securities are among the book running lead managers. WeWork India Management Limited (WeWork India), one of India's leading flexible workspace operators, has received approval from the Securities and Exchange Board of India (SEBI) for its initial p ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family ...Read More >
WeWork India Management Ltd. has secured regulatory approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated initial public offering. The IPO, structured entirely as an Offer for Sale (OFS), will see the divestment of up to 43,753,952 equity shares. Embassy Buildcon LLP, the principal promoter and majority stakeholder in WeWork India, is poised to offload as many as 33,458,659 shares. Additionally, 1 Ariel Way Tenant Limited will offer up to 10,295,293 shares. N ...Read More >
Bengaluru, May 27 (UNI) Bengaluru has cemented its place among the world's top 12 technology powerhouses, with its tech workforce surpassing one million, according to CBRE's newly released 'Global Tech Talent Guidebook 2025'. The report, which analyses 115 global markets based on the size, quality and cost of tech talent, places Bengaluru alongside global hubs like San Francisco Bay Area, New York Metro, London, Tokyo and Singapore. The city is the largest tech talent market in the Asia-Pacifi ...Read More >
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